Market News

(HU) 2007-ben ismét Superbrands

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Russia

Our exports to Russia, our fourth biggest export market in Europe, stagnated in 2006. The traditionally biggest item, canned vegetables showed a decline of 20 per cent. Exports of some...

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Drugstores selling largest quantity of insecticides

According to the retail index of Nielsen, the market of insecticides expanded last year. Sales grew by 15 per cent in terms of volume, while by 6 per cent in...

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Foreigners staying longer

The total number of nights spent by foreign and domestic visitors at commercial places of accommodation in the first two months of the year grew by 5 per cent compared...

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Austria

Austria is our third largest export market and it is our fourth biggest supplier. Exports of EUR 297 million were 10 per cent up last year, while imports of EUR...

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Electricity is the future in fighting insects

This is an FMCG category , where global warming has a positive effect. The warmer the weather gets, the more insects we have to fight. Aerosols still account for half...

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Promotional leaflets: improving quality and content

According to the findings published in GfK Leaflet Monitor, the market of promotional leaflets published regularly by retail chains has seen substantial development. The number of such publications is growing...

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Romania

Romania was our fifth biggest export market last year, with export totalling EUR 212,4 million and showing an increase of 8,3 per cent. Pork was a very significant export item,...

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Welcoming new possibilities for purchasing

Hungarians spend a lot of money on pharmaceutical products. Practically all families keep pain killers and fever reducers at home. Young people and city dwellers have welcomed new legislation which...

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Banking services stagnate

Hungarian use of services provided by banks only grew 72 to 74 per cent last year according to a survey by GfK Hungária Piackutató Intézet. This rate is much lower...

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The Netherlands

The Netherlands is our third biggest supplier of agricultural products. Our exports to the Netherlands grew by 2,6 per cent in 2006, to EUR 150 million. Exports of corn increased...

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More OTC products available

The Hungarian market of OTC products is between HUF 70-80 billion annually. Food retail trade may take a 3-4 per cent share from this market. The OTC market shows annual...

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When Christmas is over

Growth of the revenues in retail trade slowed down in January 2007 again. It was only 1,2 per cent more than a year before. Retail sales totalled HUF 404,7 billion...

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Poland

Exports to the Polish market of agricultural products grew by 22,4 per cent. Our export of EUR 152 million was composed of diverse products. The most significant item among these...

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More polite pharmacists

Most OTC products have been available outside pharmacies since January while the magnitude of the number of stores where such products could be sold theoretically is measured by hundreds of...

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Taxation quiz in Eastern Europe

The contradiction between national systems of taxation and the international business environment is pointed out in a recent report by PricewaterhouseCoopers about tax legislation in Eastern European countries. Taxes are...

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Slovakia

Hungarian agricultural export to Slovakia, our sixth biggest export market grew by 48 per cent in 2006. Sugar accounted for a quarter of our export, totalling EUR 40 million. Increase...

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Household appliances: over the top

Sales of electric appliances grew dynamically in 2004-2005. Sales continued to rise last year, but at a slower rate. Prices are falling. A major driving force behind the growth seen...

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Everything for the client

Clients of consulting services in Hungary are either local subsidiaries of multinationals, which expect to get the same service as anywhere else, or Hungarian companies which are often in the...

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Italy

Italy is our second largest export market in the EU, while it is our sixth biggest supplier in terms of imports. Export revenues totalled EUR 349, showing growth of 21,6...

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Time to move on from basics to extras

Most households are well equipped nowadays, which means the main motive behind new purchases is buying modern technology. The price-focused attitude is becoming even less common here than in the...

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Manchester, England, England…

The song from the musical “ Hair” does not mean too much to today’s teenagers. The football club Manchester United is the first thing most people think of when they...

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Label of disgrace

The results of the food safety inspections carried out before Easter show that all members of the food supply chain made an effort to comply with the law. Everybody ended...

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